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Run Together Participate in the Workshop "Understanding Correctly for Successful Franchise Investment" and Join the Go Global Ecosystem

29/05/2023

On the morning of May 27, in Ho Chi Minh City, the exhibition, investor connection and seminar event on the topic "Understanding Correctly to Invest in a Successful Franchise" organized by Go Global Holdings Company took place successfully with the notable participation of Run Together - a technology shoe retail model with NFC chips and connected to the web.

After the Covid-19 pandemic, the franchising industry is more vibrant than ever, as many investors are choosing to cooperate with systems and brands that have proven business models, long-term business experience, along with a methodical management system and continuous support.

According to statistics from the Ministry of Industry and Trade, in 2022, 18 foreign franchise brands entered or renewed their contracts to enter the Vietnamese market. During the two difficult years of the pandemic, the number of brands entering or renewing contracts to continue to exist in the market was 26 in 2021 and 22 in 2020. This shows the growth and confidence of international brands in the potential and development of the Vietnamese market.

Experts also emphasize that applying technology to optimize operations and management processes will bring huge competitive benefits to technology franchise models. Not only does it help reduce operating costs, but it also creates new revenue channels, increases sales, and enhances customer loyalty and interaction with the brand.

At the event, Mr. Vo Tran Dai, Investment and Development Director of Run Together, shared his views on the future trend of technology franchising models and affirmed that this is a direction that is in line with the current trend of creative economy and digital economy. Run Together is a special technology shoe retail model, using NFC chips and connecting to Web3 for customers to participate in real-life and metaverse running races.

With an investment of more than VND500 million for each branch and an expected payback period of 12-14 months, Run Together has attracted the attention of many investors and event participants. Mr. Vo Tran Dai said: “We believe that technology franchising is an inevitable trend in the future, and with Run Together, we have identified a way to develop successfully in this field”.

Run Together’s appearance in the Workshop “Understanding Correctly to Invest in a Successful Franchise” and participation in the Go Global ecosystem has created special attention. This is an important step in expanding and consolidating Run Together’s position in the technology franchise market, while contributing to the development and integration of the Vietnamese economy with the international world.

In a global economy that is increasingly dependent on technology and innovation, joining the Go Global ecosystem means that Run Together is ready to face new challenges and opportunities, thereby developing its business model and building a strong brand in the international market.

With steady steps and sustainable development goals, Run Together is demonstrating its determination and potential to become one of the leading technology franchise brands, bringing difference and value to customers, while contributing to promoting the development and modernization of the franchise industry in Vietnam.

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